Hong Kong stock concept tracking | Hunan, Shaanxi and other places have notified that cement prices are rising, and the cement industry is turning positive in the fourth quarter (with concept stocks).

In October, demand continues to recover, driving up cement prices. The main reasons for the price increase are profit pressures and good staggered production and supply-demand dynamics. According to data from China Cement Network Market Data Center, feedback from the market shows that in Hunan, due to the impact of staggered kiln shutdowns, inventory is relatively low and companies have a strong willingness to raise prices. Various companies plan to notify of a price increase of 50 yuan/ton for cement in Changsha, Zhuzhou, Xiangtan, and Chenzhou starting on the 15th. In Shaanxi, due to the significant effect of normalized staggered production and price implementation in the previous period, and this year's winter staggered production plan is scheduled to be implemented from November 15, 2024 to March 15, 2025. During the last demand peak of the year, in order to improve overall profit levels, cement companies in the Shangzhou and Hanzhong areas of Shaanxi had notified of price increases; on the 14th, Shangluo also notified of a 30 yuan/ton price increase for cement. CITIC Securities stated that with multiple departments recently launching a combination of policies to promote stabilization in the real estate market, the stability of the real estate industry is also beneficial for the recovery of demand in the cement and glass industries. On the supply side of cement, the progress of cement being included in the national carbon trading market is accelerating, and the introduction of the new capacity replacement policy is expected to speed up the clearance of 300 million tons of obsolete cement clinker production capacity. Moreover, overproduction will be effectively controlled, and actual production capacity will be reduced from 21 billion tons to within the designed capacity of 18 billion tons. Cement-related Hong Kong stocks include: Anhui Conch Cement, CR Building Materials Technology, Asia Cement, West China Cement, and CNBM.